Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Articles by Mike Maharrey
If your policy can’t drive inflation down, just revise the methodology to make it seem lower.This seems to be the federal government’s strategy.The Bureau of Economic Analysis (BEA) has revised the Federal Reserve’s favorite inflation...
I recently reported that over 7 million ounces of gold flowed out of COMEX vaults the week of Sept. 10-17.Last week, silver flowed back into the COMEX system, partially reversing the drawdown.During the week of Sept. 18-25,...
Do you want to know why the U.S. Treasury market is selling off?Listen closely to Canadian Prime Minister Mark Carney. He thinks the world should find an alternative to the U.S. dollar.Now, you might not care what Canadians think. You...
Here’s a question for you.If you were alive 2,000 years from now and dug up an old box of $100 bills, do you think you could spend it anywhere?I’m going to guess no.In the first place, it’s highly unlikely paper money would last 2,000...
The Treasury Department will buy back another $6 billion in long-term Treasuries today (Thursday, Sept. 24) as it continues efforts to tamp down rising yields.Treasury Secretary Scott Bessent announced this second expanded buyback on...
The U.S. government continues to ratchet up its use of the dollar as a foreign policy tool, even as the weaponization of the dollar has accelerated de-dollarization.On Monday, U.S. Treasury Secretary Scott Bessent announced...
Over 7 million ounces of silver left COMEX vaults last week as demand for physical metal surged.Meanwhile, CME recorded 6,168 September silver delivery notices through Sept. 18, representing a "delivery" of 30.84 million ounces, according...
While everyone obsesses over the possibility of a quarter-point interest rate hike, the U.S. government keeps adding to its massive $40 trillion debt.The Trump administration ran a $166.8 billion deficit in August, according to ...
If at first you don’t succeed, try, try again.That seems to be the mantra over at the U.S. Treasury Department.On Wednesday, Treasury Secretary Scott Bessent announced the department plans to triple its long-term bond buyback program to $6...
The bloodbath in the bond market keeps picking up speed along with the debasement trade.Last week, the world’s largest sovereign wealth fund announced a plan to slash its government bond holdings by about 20 percent."We recommend that...
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